Issue: Volume 3 Issue 11

In our last issue of the year, instead of taking you through the same tired old statistics or extolling the virtues of Islamic issuance ad nauseam, we thought it might be more interesting to take you on a journey – an introduction,

In October this year, South African bank Al Baraka became the first ever institution in the country to issue a local Shariah compliant instrument denominated in local currency. The deal was not only a first for South Africa, but demonstrated the growing

It has been a busy month for Islamic retail finance, with new advances across multiple markets proving unequivocally the growth and strength of the Islamic banking sector. This month, IFN CORPORATE brings you the latest developments from around the world to prove

At the 34th Ministerial Session of the Standing Committee for Economic and Commercial Cooperation of the Organization of the Islamic Cooperation (COMCEC) Turkish President Recep Tayyip Edogan urged that boosting trade between Islamic countries would make them stronger – a call to

Malaysian property developer Exsim Development made history in November, becoming the first company in Malaysia to monetize unbilled sales from multiple development projects to finance a RM290 million (US$69.6 million) Sukuk, the first tranche to be issued under its RM2 billion (US$480.5

CORPORATE AL HILAL PIONEERS BLOCKCHAIN UAE: Al Hilal Bank has partnered with Jibrel Network to use blockchain technology to transact a secondary market deal for its US$500 million senior Sukuk maturing in September 2023. In a first for the Islamic finance industry,